Product Snapshot

Shariah-compliant equivalent of SGD operating account with preferential profit rates. Enjoy Free outgoing FAST and PayNow FAST till 31 Dec 2024 and Free incoming PayNow till 31 Dec 2025.

Features & Benefits

Shariah-Compliant
Online Banking
Complimentary Statements
Insured Up To S$100,000

Requirements

Shariah-compliant equivalent of SGD operating account with preferential profit rates, Free PayNow FAST*

Minimum Monthly Average Balance

S$8,000, otherwise a fee of S$35 applies per month

Profit Rates

 

Speak to your RMs on your rates pricing

Fees & Charges

Early Account Closure Fee

S$50 for accounts closed within 6 months of opening

 

Terms & Conditions

*Profit rates are subject to change at the Bank's discretion.    

How To Apply

Step 2

Click on the link below to begin your application. The application will take approximately 15 minutes. 

 

Apply Now

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Document Checklist

 

1. Certified true copies1

Memorandum and Articles of Association or Constitution.

 

2. NRIC/ Passport copy2 and specimen signatures of

  • All directors
  • All authorised signatories
  • All controlling persons (only if applicable to your company)
  • All Ultimate Beneficial Owners
  • All approving persons

 

3. Image with NRIC for ALL NRIC submitted above

1A certified true copy is a copy of an original document that has been stamped or signed with the word "Certified True Copy" to confirm the copy is true and authentic by the following persons:

For Private Limited or Public Company: 2 directors; or 1 director and 1 secretary; or 1 director if you have a single director

 

2NRIC for Singapore Citizens and residents or passport copy for non-citizens

 

1. Certified true copies1

Partnership agreement. 

 

2. NRIC/ Passport copy2 and specimen signatures of

  • All authorised signatories
  • All Partners (For Partnership Entities)
  • All approving persons

 

3. Image with NRIC for ALL NRIC submitted above

 

1A certified true copy is a copy of an original document that has been stamped or signed with the word "Certified True Copy" to confirm the copy is true and authentic by the following persons:

For Partnerships: 2 partners

 

2NRIC for Singapore Citizens and residents or passport copy for non-citizens

 

1. NRIC/ Passport copy2 and specimen signatures of

  • All authorised signatories
  • All owners for Sole Proprietor
  • All approving persons

 

2. Image with NRIC for ALL NRIC submitted above

 

2NRIC for Singapore Citizens and residents or passport copy for non-citizens

 

Quick Guide

User Guide (PDF)

 

Download the User Guide here

Download the User Guide in Chinese here

Frequently Asked Questions (FAQ)

Download the Online Account Application Frequently Asked Questions (FAQ) here.

Download the Online Account Application Frequently Asked Questions (FAQ) in Chinese here.

Important Notices & Disclaimer

*The Base Profit rate applies to the entire balance in the Eligible Account subject to the Customer maintaining the minimum daily balance prescribed by the Bank. Profit rates are set at the Bank's discretion and subject to change without prior notice.

 

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.